3 ms·
What about a house? All three covered.
by shocks 14y ago
What about a house? All three covered.
- riffraff 14y agoI am not sure what you guys buy in the US as engaging rings, but I think one can safely assume a ring is not worth even a tenth of an house?
- shocks 14y agoI am from the UK. :P "We" spend on average three months worth of salary. Around £5k I guess. Certainly not enough for a house, but a good amount of money to put towards your first family home when you get married. Houses need furniture and all that fancy stuff. :)
- Nursie 14y agoWait what? I'm British and I've never heard this three month thing outside of the US. Surely this isn't a UK cultural thing too? Never been married either, mind, or in a position to propose, so it hasn't exactly come up.
- drivebyacct2 14y agoNot necessarily a tenth, but most people here don't buy houses outright. It would be a significant investment towards a down payment or month' of mortgage payments. The silly/sad/stupid thing is when you put it in context of a ring+marriage ceremony. The same way many college students are starting out life with debt, they often go and add 25-30K of extra debt between an expensive, value-less ring and a wedding ceremony.
- Nursie 14y agoIf they have this weird rule about 3 months salary... A mortgage is usually on three times annual salary, so 312x = 36x. A ring is 'worth' 3x, so not far off a tenth.